Mahindra & Mahindra was set up as a steel trading company in 1945 in

Ludhiana as Mahindra & Mohammed by brothers K.C. Mahindra and J.C.

Mahindra and Malik Ghulam Mohammed.[7] After India gained independence
and Pakistan was formed, Mohammed emigrated to Pakistan. The company
changed its name to Mahindra & Mahindra in 1948.[8] It eventually saw
business opportunity in expanding into manufacturing and selling larger
MUVs, starting with assembly under licence of the Willys Jeep in India. Soon
established as the Jeep manufacturers of India, the company later
commenced manufacturing light commercial vehicles (LCVs) and agricultural
tractors. Today, Mahindra & Mahindra is a key player in the utility vehicle
manufacturing and branding sectors in the Indian automobile industry with its
flagship UV Scorpio and uses India's growing global market presence in both
the automotive and farming industries to push its products in other countries.

Over the past few years, the company has taken interest in new industries
and in foreign markets. They entered the two-wheeler industry by taking over
Kinetic Motors in India.[9] M&M also has controlling stake in REVA Electric Car
Company[10] and acquired South Korea's SsangYong Motor Company in 2011.
[11] In the 2010-11 M&M entered in micro dripp irrigation with the takeover
of EPC Industrie' Ltd, Nashik.
EmployeesAs on 31 March 2013, the company had 34,612 employees, out of which 699
were women (2%). It also had around 16,000 temporary employees on the
same date.[1]
Awards and recognitionsBombay Chamber Good Corporate Citizen Award for 2006-07.[50]
Businessworld FICCI-SEDF Corporate Social Responsibility Award 2007.[51]
[52]
The Brand Trust Report ranked M&M as India's 10th Most Trusted Brand in
its India Study 2014 survey (from 20,000 brands analyzed).[4][53]
Its Farm Equipment division received the Deming Prize in 2003.[47]
Its Farm Equipment division received the Japan Quality Medal in 2007.[54]
The US based Reputation Institute ranked M&M amongst the top Ten Indian
companies in its 'Global 200: The World's Best Corporate Reputations' list for
2008.[55]
Bluebytes News rated M&M as India's second Most Reputed Car Company

(reported in their study titled Reputation Benchmark Study) conducted for the
Auto (Cars) Sector in 2012.
Initial Public Offering (IPO)

Initial Public Offer (IPO) is a process through which an unlisted Company can
be listed on the stock exchange by offering its securities to the public in the
primary market. The object of an IPO may be relating to expansion of existing
activities of the Company or setting up of new projects or any other object as
may be specified by the Company in its offer document or just to get its
existing equity shares listed by diluting the stake of existing equity
shareholders through offer for sale.

New Listing

New Listing is a process through which a company which is already listed on

other stock exchange/s approaches the Exchange for listing of its equity
shares. The companies fulfilling the eligibility criteria prescribed by the
Exchange; from time to time; are listed on the Exchange.